The Inflation Reduction Act aims to cut U.S. emissions at least 52% below 2005 levels by the end of this decade. This will highly depend on solar, which plays a significant role in #decarbonizing electricity production. In fact, some reports conclude that solar energy could provide up to 40% of the nation’s #electricity by 2035, replacing harmful sources like #coal and natural gas. #AuroraSolar
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SATURATION (now: "solar cannibals"; earlier: parasites) Irina Slav writes: "I call it solar cannibals but more serious people call it “the renewables cannibalization effect,” occurring when wind and/or solar are generating so much electricity that wholesale prices take a plunge because there’s not enough demand to absorb the output." Tim Buckley is reported as saying (back in 2019): “Cheap solar is parasitic, it destroys the competition because it has zero marginal cost”. Tim apparently thinks this is A—GOOD—THING. https://lnkd.in/geYsM2py Greenpeace co-founder Patrick Moore made the same basic observation (in 2022), but clearly thinks it is *not* a good thing: “I believe wind and solar energy are parasites on the larger economy. In other words, they make the country poorer than if other more reliable and less costly technologies were used.” https://lnkd.in/gXBBvr67 Irina's 2024 post: https://lnkd.in/gWGr7G_z
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Today in #RenewableEnergy News: Giant Batteries Are Transforming the Way the U.S. Uses Electricity "California draws more electricity from the sun than any other state. It also has a timing problem: Solar power is plentiful during the day but disappears by evening, just as people get home from work and electricity demand spikes. To fill the gap, power companies typically burn more fossil fuels like natural gas. That’s now changing." Read the full story here: https://lnkd.in/evADdUb8 #Local #Community #Greenpower #Renewableenergy
Giant Batteries Are Transforming the Way the U.S. Uses Electricity
nytimes.com
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Entrepreneur, Scientist, Engineer and Investor in high technology sectors specifically Intelligent Building, Smart Lighting, LiFi and Indoor Positioning
Every U.K. factory should be mandated to have solar panels fitted in my view as it would help create a distributed energy grid for security. The financial business cost as seen by this German company is clear so I wonder why we don’t use these roof based assets more in the U.K.? Looking at the war in Ukraine and how vulnerable centralised power grid assets are we should take note and improve our grid security by distributing as much as possible. #pv #solar #energy #grid #sustainability https://lnkd.in/exq8wYgi
German industry turns to solar in race to cut energy costs — Reuters
apple.news
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Grid Defection (for the few) - This trend raises two major concerns. First, those who can’t afford to leave the grid — often the poorest households — will end up paying the most for left-over fossil fuel electricity from the grid. Leaving the grid requires a hefty up-front cost, and not everyone can afford it. Second, our research shows that the diesel generators used as back up for off-grid solar and battery systems will cause significant pollution — even more than the grid in some locations. As the price drop and has the opportunity to generate all of the energy we need for free, consumers will now be asked to keep paying for an obsolete and old electrical grid to keep governments's revenues increasing. #solarpanels #griddefection #renewables #climatechange https://lnkd.in/ew3B-wdZ
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Combined electricity production from wind and solar is projected to surpass that of coal for the first time this year according to the U.S. Energy Information Administration (EIA). Like many of you, we have fond memories of the coal powered homes and businesses growing up. Thermologic coal is too important to go away completely. But diversifying our energy sources will help create a more secure, brighter future for all. #EnergyTransition #RenewableEnergy #CoalLegacy #SustainableFuture #EIAReport2024 #SuffolkSales https://lnkd.in/ejNwDjKA
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6am and the solar energy stored up yesterday is now charging the EV without and need for the grid electricity. You can see that zero CO2 or 100% carbon free energy is being utilised. The energy transition is upon us... #juggleverse #evcharging #energytransition
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Concerned about soaring energy bills? Solar panel customers of Southside Electric Cooperative are experiencing drastic increases in their bills due to a new rate structure. Some customers have seen their bills triple, while others haven't noticed much change. The new peak demand rate has hit those who use less energy the hardest. Find out more about the impact and concerns surrounding this change. #solarpower #energybills #ratestructure #SouthsideElectricCooperative https://lnkd.in/efe8Jxuq #SolarPower #RenewableEnergy #GreenTech #SustainableLiving #EcoFriendlyInnovation
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The #cost of #batteries has dropped by 90% over the past 15 years, and this has major implications for our current #energysystems—many of which could be #disrupted. One clear example is "peak-shaving and load-shifting #powerplants." #Batteries can store energy when demand and #electricity costs are low and then release it during peak times, reducing the need for peaking power plants like #naturalgas Combined Cycle Gas Turbines (#CCGTs). Cheaper batteries also allow for large-scale #storagesystems to be used, improving #grid stability and supporting the use of #renewableenergy sources, which can be unpredictable. Additionally, when residential and commercial #batterystorage systems are connected, they can function as #virtual power plants, reducing the need for centralized #power generation. These changes point to a massive transformation of our #energysystems. And #technologies that can’t compete on a cost-per-kilowatt-hour basis are likely to be disrupted. In #Africa, this disruption will be marked and significant --the obsolete grid systems which have T&D losses up to 40%, and #powergeneration companies (GenCos) that are unreliable --are particularly at risk. This new kid-on-the-block will likely make many customers to pivot away from these large centralised and inefficient power plants in favour of small, nimble and reliable battery + solar systems. Game On!
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General Partner at Automotive Ventures | Author of the book "The Future of Automotive Retail" | Author of the weekly "Intel Report": sign-up at automotiveventures.com
California draws more electricity from the sun than any other state. It also has a timing problem: Solar power is plentiful during the day but disappears by evening, just as people get home from work and electricity demand spikes. To fill the gap, power companies typically burn more fossil fuels like natural gas. That’s now changing. Since 2020, California has installed more giant batteries than anywhere in the world apart from China. They can soak up excess solar power during the day and store it for use when it gets dark. Across the country, power companies are increasingly using giant batteries the size of shipping containers to address renewable energy’s biggest weakness: the fact that the wind and sun aren’t always available. https://lnkd.in/eeAhpdxy
Giant Batteries Are Transforming the Way the U.S. Uses Electricity
nytimes.com
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Solar energy breakthrough could mean solar panels will be a thing of the past In the past 14 years the average cost of solar electricity has dropped by 90 per cent, making it nearly a third cheaper than fossil fuels. Oxford scientists make new solar cell technology discovery which you could soon wear, stick on your mobile or coat your car with #disruption #solar #renewableenergy https://lnkd.in/dcyfi9j9
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